Alexander & Baldwin Q2 2024 GAAP EPS $0.16 Beats $0.14 Estimate, Sales $51.047M Beat $48.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alexander & Baldwin (NYSE:ALEX) reported Q2 2024 GAAP EPS of $0.16, beating the $0.14 estimate. Sales were $51.047M, surpassing the $48.200M estimate but down 3.87% from last year.
July 25, 2024 | 8:38 pm
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Alexander & Baldwin reported Q2 2024 GAAP EPS of $0.16, beating the $0.14 estimate. Sales were $51.047M, surpassing the $48.200M estimate but down 3.87% from last year.
The company's earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100